Summary by Moomoo AI
GlobalFoundries Inc. officer David Reeder is set to sell 9,500 shares of common stock on 01/26/2024, with an aggregate market value of $553,090. The shares were originally acquired on the same date through an option granted on 08/10/2020, and will be purchased with cash. This transaction follows a series of sales over the past three months, where a total of 211,154 shares were sold for gross proceeds of $12,271,880.90. The notice of the upcoming sale was filed on 01/26/2024, with the plan for the transaction having been adopted on 06/09/2023.